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Australian (ASX) Food and Staples Retail Industry Analysis

UpdatedDec 06, 2023
DataAggregated Company Financials
  • 7D1.2%
  • 3M-6.2%
  • 1Y-7.4%
  • YTD-2.1%

The Food and Staples Retail industry is up 1.6% in the last week, with Woolworths Group up 1.5%. However, the industry is down 7.4% over the past year. Earnings are forecast to grow by 5.8% annually.

Industry Valuation and Performance

Has the Australian Food and Staples Retail Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 06 Dec 2023AU$77.3bAU$140.9bAU$3.7b17.2x20.9x0.5x
Fri, 03 Nov 2023AU$77.2bAU$141.2bAU$3.8b16.7x20.5x0.5x
Sun, 01 Oct 2023AU$80.9bAU$141.2bAU$3.8b17.8x21.4x0.6x
Tue, 29 Aug 2023AU$82.4bAU$141.2bAU$3.8b18.5x21.8x0.6x
Thu, 27 Jul 2023AU$87.4bAU$138.8bAU$4.0b20x22.1x0.6x
Sat, 24 Jun 2023AU$89.3bAU$138.8bAU$3.9b20.5x22.7x0.6x
Mon, 22 May 2023AU$87.5bAU$138.8bAU$3.9b20.7x22.2x0.6x
Wed, 19 Apr 2023AU$88.5bAU$138.1bAU$4.0b21.6x22.2x0.6x
Fri, 17 Mar 2023AU$85.2bAU$138.1bAU$4.0b21.3x21.4x0.6x
Sun, 12 Feb 2023AU$85.3bAU$135.8bAU$3.7b22.8x23.1x0.6x
Tue, 10 Jan 2023AU$79.6bAU$135.8bAU$3.7b21x21.5x0.6x
Thu, 08 Dec 2022AU$82.1bAU$135.8bAU$3.7b21.3x22.2x0.6x
Sat, 05 Nov 2022AU$79.2bAU$134.2bAU$3.7b20.6x21.7x0.6x
Mon, 03 Oct 2022AU$81.0bAU$134.2bAU$3.7b20.9x22.2x0.6x
Wed, 31 Aug 2022AU$86.4bAU$134.2bAU$3.7b22.2x23.6x0.6x
Fri, 29 Jul 2022AU$90.1bAU$130.7bAU$3.5b25.2x26.1x0.7x
Sun, 26 Jun 2022AU$86.1bAU$130.0bAU$3.5b23.9x24.9x0.7x
Tue, 24 May 2022AU$85.6bAU$130.0bAU$3.5b23.9x24.8x0.7x
Thu, 21 Apr 2022AU$92.9bAU$128.7bAU$3.3b25x28.5x0.7x
Sat, 19 Mar 2022AU$86.0bAU$128.7bAU$3.3b23.8x26.4x0.7x
Mon, 14 Feb 2022AU$79.3bAU$126.1bAU$3.4b21.4x23.6x0.6x
Wed, 12 Jan 2022AU$83.7bAU$126.1bAU$3.4b22.1x24.9x0.7x
Fri, 10 Dec 2021AU$91.1bAU$126.1bAU$3.4b23.7x27.1x0.7x
Sun, 07 Nov 2021AU$90.1bAU$124.8bAU$3.2b29.1x27.9x0.7x
Tue, 05 Oct 2021AU$89.9bAU$124.8bAU$3.2b28.9x27.9x0.7x
Thu, 02 Sep 2021AU$92.8bAU$124.8bAU$3.2b27.9x28.7x0.7x
Sat, 31 Jul 2021AU$89.6bAU$124.8bAU$3.2b26.7x27.8x0.7x
Tue, 04 May 2021AU$76.4bAU$113.8bAU$2.6b29.1x29.3x0.7x
Fri, 05 Feb 2021AU$80.3bAU$124.4bAU$2.7b29.8x29.6x0.6x
Price to Earnings Ratio


Total Market Cap: AU$78.2bTotal Earnings: AU$2.5bTotal Revenue: AU$121.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Food and Staples Retail Industry Price to Earnings3Y Average 25.1x20222023
Current Industry PE
  • Investors are pessimistic on the Australian Consumer Retailing industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 20.9x which is lower than its 3-year average PE of 25.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
  • The earnings for companies in the Consumer Retailing industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 5.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Consumer Staples industry?

AU Market0.48%
Consumer Staples0.99%
Food and Staples Retail1.19%
Food Retail1.59%
Drug Retail0%
Big Box Super Stores0%
Food Distributors-4.05%
Industry PE
  • Investors are most optimistic about the Food Retail industry even though it's trading below its 3-year average PE ratio of 28.8x.
    • Analysts are expecting annual earnings growth of 6.7%, which is higher than its past year's earnings growth of 4.6% per year.
  • Investors are most pessimistic about the Food Distributors industry, which is trading below its 3-year average of 14.1x.
Forecasted Growth
  • Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 6.7% over the next 5 years.
  • This is better than its past earnings growth rate of 4.6% per year.
  • In contrast, the Food Distributors industry is expected to see its earnings decline by 5.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WOW Woolworths GroupAU$35.011.5%
EDV Endeavour GroupAU$5.083.0%
COL Coles GroupAU$15.351.1%
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